There is a special REO loan program: 3% down, NO mortgage insurance and NO appraisal…with a current rate of 5% fixed for 30 years?
Do you know…
Renovation Financing is available to finance the purchase of a home PLUS the cost of upgrades, repairs, renovations and up to 6 months of mortgage payments during construction…with only 3.5% down and current rates of 5.5% fixed for 30 years?
Do you know…
That the seller/bank can pay up to 6% of the purchase price towards your closing costs OR to buy your interest rate down permanently?
Do you know…
That there are certified REO buyer’s agents specifically trained to help you purchase in this market?
Do you know…
Many foreclosed homes have multiple offers and sell within days?
Do you know…
How an asset manager selects the buyer when multiple offers come in?
Do you know…
That you must be approved by a preferred lender before submitting an offer?
Do you know…
What to do when a listing agent requires you to be pre-approved by their lender prior to submitting your offer, but the lender won’t return your call?
Do you know…
That if you buy when prices decrease by 8%, but rates increase by 1% you are paying more for the property than at the higher price and lower rate?
Well, if you don’t know these things, it’s okay because it’s my job to know all of this for you! When you’re ready to own a new home, give me a call to learn how to put yourself in the best position and visit my web site to begin the pre-approval process www.hcarter.myprospectmortgage.com
Thank you and happy house hunting!
